SEOUL, Nov. 27 (Korea Bizwire) – Bank A covers meal and transportation expenses for employees working eight hours a day but doesn’t provide this for those working seven hours and thirty minutes a day. Bank B mandates that only non-regular workers arrive at work earlier. Securities firm C refused to pay a 190 million won allowance [...]
SEOUL, Nov. 13 (Korea Bizwire) – The government will relax the maximum 52-hour weekly work hours for certain business sectors with heavy workloads, officials said Monday. “While retaining the 52-hour workweek system, the government plans to come up with reform measures for certain types of industries and occupations,” Vice Labor Minister Lee Sung-hee said. The [...]
SEOUL, Nov. 10 (Korea Bizwire) – Two major umbrella unions plan to stage large-scale rallies in central Seoul this weekend, as police warned of stern measures against illegal acts in violation of the revised Assembly and Demonstration Act. The Korean Confederation of Trade Unions (KCTU), the biggest umbrella labor union in South Korea, along with [...]
SEOUL, Nov. 7 (Korea Bizwire) – A man in his 50s who worked as an airline flight attendant for 25 years and succumbed to stomach cancer has now been officially recognized as the victim of an industrial accident caused by cosmic radiation. Previously, cosmic radiation-related accidents among flight attendants had primarily been associated with blood cancers [...]
SEOUL, Nov. 2 (Korea Bizwire) – A recent survey has revealed that middle-aged individuals in South Korea aspire to continue their economic activity until the age of 69, on average. However, their average retirement age is actually around 50. According to the findings from the 2023 survey on older adults’ job-seeking activities, released by the Tomorrow [...]
SEOUL, Nov. 1 (Korea Bizwire) – The number of non-wage workers, such as the self-employed, in South Korea rose 0.56 percent on-year in 2023, data showed Wednesday. There were 6.72 million non-salaried workers as of August, up 38,000 from the same period in 2022, according to the data compiled by Statistics Korea. The number accounts for [...]
SEOUL, Oct. 24 (Korea Bizwire) –A recent survey revealed that more than half of delivery workers have seen a reduction in their income since the onset of the COVID-19 pandemic. The study, conducted online by the Delivery Platform Workers’ Union and the National Legislative Center over the course of a month, beginning on July 24th [...]
SEOUL, Oct. 24 (Korea Bizwire) — The number of non-regular workers in South Korea inched down in 2023 as the country lost temporary contracts mainly in the construction and retail sectors amid an economic slowdown, data showed Tuesday. The number of non-regular workers, including people working part-time and on temporary contracts and outsourced laborers, came [...]
SEOUL, Oct. 22 (Korea Bizwire) – The number of employees in South Korea’s manufacturing sector in the last three months dropped at the fastest pace in 11 quarters amid a protracted economic slowdown, government data showed Sunday. A monthly average of 4.47 million people were hired by the manufacturing industry in the July-September period, down [...]
SEOUL, Oct. 15 (Korea Bizwire) – The labor union of Kia Corp., South Korea’s second-largest automaker, said Sunday it has failed to settle wage talks with the company again, raising the possibility of it staging a partial strike starting later this week. Unless the two sides resume negotiations and reach an agreement by Tuesday, the [...]